2948 Lillian Street, Innisfil, ON
Rural Innisfil, Innisfil · MLS® N13615668
About this home
In short
- LOCATION, LOCATION, LOCATION.
- Nestled on an expansive 100' x 250' lot just steps from the serene shores and beaches of Lake Simcoe, this meticulously maintained home offers incredible curb appeal...
- Spanning 1,749 sq. ft., this property combines spacious indoor living with a sprawling outdoor paradise.
- Unwind in the impressive 17' x 11' Primary Suite, complete with a private ensuite bathroom and a walk-in closet, while the second bedroom features convenient...
- Step out to your private backyard oasis, where you'll find a 3-season sunroom featuring vaulted ceilings and a ceiling fan, leading to a 12' x 14' deck with...
LOCATION, LOCATION, LOCATION! Nestled on an expansive 100' x 250' lot just steps from the serene shores and beaches of Lake Simcoe, this meticulously maintained home offers incredible curb appeal and decades of pride in ownership (same owner since 1984!). Spanning 1,749 sq. ft., this property combines spacious indoor living with a sprawling outdoor paradise. Make your entrance through the grand double doors into a spacious, welcoming foyer. The main floor features a massive 26' x 18' Great Room anchored by a warm gas fireplace and two large bay windows that fill the space with natural light. The sprawling 25' x 17' Rec Room offers a second gas fireplace, making entertaining a breeze. Unwind in the impressive 17' x 11' Primary Suite, complete with a private ensuite bathroom and a walk-in closet, while the second bedroom features convenient semi-ensuite access. Step out to your private backyard oasis, where you'll find a 3-season sunroom featuring vaulted ceilings and a ceiling fan, leading to a 12' x 14' deck with low-maintenance composite railing, a garden shed, and endless space for outdoor living. Key Features & Upgrades: Durable metal roof (2016), LeafGuard gutter protection (2021), and a GenerLink hookup for peace of mind. Garage & Storage: Massive 24' x 26' double-car garage with an additional separate 5' x 12' storage room, plus 10-car parking capacity on the massive driveway plus the 2 in the garage! "Other" room is currently unfinished and used as storage, could be finished and used as a Den with direct access to garage. Don't miss this unbelievable opportunity to enjoy beachside living with all the comforts of home! (Some photos have been virtually staged)
Key facts
- Property type
- Detached, Bungalow-Raised
- MLS®
- N13615668
- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 1500-2000 sq ft
- Lot
- 100 × 250 ft
- Cross streets
- 25th Sideroad/Lockhart
- Parking
- 2 garage · 12 parking (attached)
- Driveway
- Private Double
- Basement
- Partially Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Metal
- Sewer
- Septic
- Property tax
- $5,472 / 2025
- Days on market
- 58
- Listing brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Rooms
Double Closet
overlooks backyard · semi ensuite · closet
w/o to sunroom · b/i shelves · closet
cathedral ceiling(s) · ceiling fan(s) · w/o to deck
w/o to deck · laminate · pantry
3 pc ensuite · walk-in closet(s) · bay window
overlooks frontyard · bay window · closet
gas fireplace · broadloom
window · access to garage
fireplace · french doors · bay window
gas fireplace · broadloom · window
laminate · marble counter · 3 pc bath
Listed at $898,800. Going by how homes in Rural Innisfil have actually closed against their asking prices (about 96%, 65 local closings in 90 days), the likely sale price is near $860K, if it sells. A realistic range is $806K to $969K.
Independent value check: $977K. Without looking at the asking price, our model values the home itself about 9% above the ask (homes like it typically land between $916K and $1.02M).
Total price vs nearby homes. Likely closing about $860K, from 65 recent closings in this pocket.
The market behind the math:
About 0.4 months of inventory: 8 detached homes for sale in the area against 65 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $514/sqft against an area asking average of $672/sqft.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.
It never sees the asking price. The 65 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $682K. Condition and finishes remain an in-person call.
What the listing highlights4 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
- Primary suite: a key comfort and resale feature. Lifestyle
- Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Based on 65 comparable homes that sold in Rural Innisfil over the past year, from 232 closings there.
The closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $616/sqft; this home lists at $514/sqft. Size is part of the price story, not just the sticker.
The 4 closest active listings nearby.
See all comparable homesNeighbourhood & location
Rural Innisfil, Innisfil, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Innisfil.
Get the full neighbourhood report (schools, parks, transit & safety) →
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of September 25, 2026); conventional rates run a little higher.
Mortgage amount $719,040 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,976
- Property tax
- $456
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,432
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $14,451
- Estimated closing costs
- $14,451
Plus your down payment of $179,760. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $238,542
- Principal paid down
- $87,853
- Interest paid
- $150,688
- Balance remaining
- $631,187
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 30 whole-home leases in Rural Innisfil signed at a median of $3,017 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,810. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY. MLS®/PropTx.